Boris Johnson becomes UK Foreign Secretary

Former London Mayor Boris Johnson appointed as the new UK Foreign Secretary, reports BBC. Also, Philip Hammond has been named as UK Chancellor of the Exchequer, following the resignation of George Osbourne.

Beige Book: US economic activity continues to expand at a “modest pace”

According to the Federal Reserve’s Beige Book about the state of the economy, based on information collected before July 1, the economic activity...
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EUR/USD on consolidation mode, limited below 1.1130

EUR/USD is consolidating around 1.1100, headed toward a daily gain of around 30 pips. Like it happened yesterday the upside was capped below...
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